Remittance

Binance Hits Back at ‘Embezzlement’ Claim

Source Node: https://cointelegraph.com/news/binance-hits-back-at-embezzlement-claim

Time Stamp: April 8, 2020 11:11 PM - Modified On: May 21, 2021 - Published By:

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Binance has fired back at claims that it ‘embezzled’ hundreds of thousands of dollars in funds that were frozen from a user’s account in November 2018.In a lengthy statement the exchange said the funds were frozen at the request of South Korean law enforcement agencies because the account holder had allegedly received 3,995 Ethereum (ETH) through a listing fee scam. Binance provided screenshots of correspondence with the Korean authorities to back up its claims.The user had earlier claimed South Korean law enforcement authorities had no complaints against him. Forkcast reported

Two Versions of Digital Dollar Emerge as Contenders, but Unlikely to Come Soon

Source Node: https://cointelegraph.com/news/two-versions-of-digital-dollar-emerge-as-contenders-but-unlikely-to-come-soon

Time Stamp: April 8, 2020 3:20 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

The coronavirus pandemic is the biggest global crisis since the events that sparked the creation of Bitcoin (BTC) in 2008, and is one that will also have long-lasting effects on the economy. World governments are taking unprecedented measures to cope with the economic fallout of the virus, namely through the third coronavirus relief bill, which was approved by the United States Congress earlier this month and constitutes the biggest stimulus package in the country’s history at $2.2 trillion.During the negotiations for the third emergency bill, one of the drafts submitted

38% of Enterprises Plan to Adopt Blockchain Solutions in 2020

Source Node: https://insidebitcoins.com/news/38-of-enterprises-plan-to-adopt-blockchain-solutions-in-2020/256656

Time Stamp: April 6, 2020 6:47 AM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

With blockchain solutions growing in popularity, the number of enterprises planning to adopt the technology in 2020 is set to increase. Data gathered by InsideBitcoins.com indicates that 38% of entities will integrate blockchain solutions into their operations this year.From the data, 15% of the enterprise will heavily adopt blockchain solutions while 23% will have moderate adoption to manage different operations. Organizations are also planning to adopt technologies like the Public cloud. About 79% of enterprises are planning to have heavy or moderate adoption of technology.Elsewhere, Artificial intelligence (AI)/and machine learning

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

Source Node: https://cointelegraph.com/news/africa-using-blockchain-to-drive-change-part-two-southern-solutions

Time Stamp: April 5, 2020 12:46 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

With pundits like Twitter CEO Jack Dorsey predicting that Africa “will define” the future of Bitcoin (BTC), cryptocurrency and blockchain technology continue to attract interest from both public and private establishments across the continent. Many of these adoption cases have been moving beyond finance, developing solutions targeted at issues like unemployment, identity management, health care and supply chain, among others.Amid the growing enthusiasm for crypto and blockchain technology in Africa, industry stakeholders interviewed by Cointelegraph identify a lack of education as one of the major hurdles standing in the way of more

Africa Using Blockchain to Drive Change, Part Two: Southern Solutions

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